ROYAL PALM BEACH, HIALEAH, KENDALL, MIAMI AND OAKLAND PARK, FLA. — Moss & Associates are constructing a $60 million, LEED-certified project for developer South Florida Federal Partners that is inclusive of a U.S. Citizenship and Immigration Services (USCIS) facility in Royal Palm Beach and four agency field offices in Hialeah, Kendall, Miami and Oakland Park, Fla. The 40,000-square-foot Royal Palm Beach facility, located at 9300 Belevedere Rd., includes a naturalization ceremony room and wireless Internet café; the Miami agency, located at NW 7th Ave. between Interstate 95 exits 7 and 8A, will feature 73,888 square feet of office space and a two-story lobby; the Hialeah agency, located at Miami Gardens Dr. and NW 59th Ave., will feature 46,000 square feet of office space; the Oakland Park agency, situated midway between I-95 and the Florida Turnpike will feature 43,500 square feet of space; and the Kendall office, located at SW 120th Street and 147th Avenue will feature 43,500 square feet of space. The Royal Palm Beach facility will open in November 2008, and the field offices are slated for completion in the summer of 2008.
Southeast
WEST MELBOURNE, FLA. — Chattanooga, Tenn.-based CBL & Associates and Amherst, N.Y.-based Benchmark Group are developing Hammock Landing, a 750,000-square-foot open-air shopping center in West Melbourne. Anchor tenants include Marshalls, Linens & Things, Michaels and Petco. Also two other anchors are planned for the center, which will have an additional 120,000 square feet of small shops and restaurants. Hammock Landing will be located on 78 acres at the intersection of Interstate 95 and Palm Bay Rd. The project is slated for completion in the spring of 2009.
WILTON MANORS, FLA. — Raleigh-N.C.-based Rivercrest Realty Advisors has acquired the Shoppes of Wilton Manors, a 73,196-square-foot center in Wilton Manors, from an affiliate of Ft. Lauderdale, Fla.-based Stiles Corp. for $16.6 million. The shopping center is located at the intersection of Wilton Dr. and NE Sixth Ave. Dennis Carson, Nikolas Kozy and Andrea Stava of CB Richard Ellis’ Miami office represented both the buyer and seller.
POMPANO BEACH, FLA. — Miami-based Pinnacle Housing Group is developing Golden Acres Community, a 302-unit multifamily development in Pompano Beach financed primarily through the syndication of housing tax credits sold by Pinnacle to investors. The project site, located at Martin Luther King Blvd. and NW 18th Dr., consists of 31 acres within the Golden Acres subdivision owned by the Housing Authority of Pompano Beach. Ft. Lauderdale-Fla.-based Pasquale Kuritzky Architecture is designing the project, which will begin construction February 2008 and deliver the first of two phases for occupancy within 18 months.
BRADENTON, FLA. — An Ohio-based private investor has purchased Cortez Self Storage, a 59,734-square-foot facility in Bradenton, from Ronald and Michael Calleja for $6.5 million. The property is located at 8915 West Cortez Rd. Michael Mele, Scott Rutherford and Ricardo Bovero of Marcus & Millichap’s Tampa office were the sole brokers.
MIRAMAR, FLA. — An affiliate of Rutherford, N.J.-based The Morris Co. has acquired the Fountains of Miramar, a 139,380-square-foot shopping center in Miramar, from joint venture partners Ross Matz Investments and Newman Realty for $39.5 million. Tenants include Marshalls, Ross Dress For Less, Office Depot, Pet Supermarket, Starbucks Coffee, Panera Bread, Pearle Vision and Payless ShoeSource. Dennis Carson and Casey Rosen of CB Richard Ellis’ Miami office represented the sellers. The center is located at the Interstate 75 and Miramar Parkway interchange.
MIAMI — Miami-based Apex DMG has secured a $30 million loan from Mellon Bank for the acquisition and renovation of One Flagler, a 145,000-square-foot, 15-story office tower in downtown Miami. The Morris Lapidus designed building will feature office condominiums, for-lease office and more than 15,000 square feet of retail space. Additional amenities include high-tech security upgrades and dedicated jewelry floors with industry-specific technical improvements. The building is located at the corner of Flagler St. and NE First Ave., and is scheduled for completion in mid-2008. Miami-based Cabo Construction is the general contractor.
WASHINGTON, D.C. — New York-based Louis Dreyfus Property Group and Fisher Brothers are developing 700 Second Street NE, a 10-story, 515,000-square-foot office building near Capitol Hill in Washington. The Class A, LEED-certified building is the third phase of Station Place, a state-of-the-art three-building office complex totaling 1.6 million square feet on a 5.5-acre site. CB Richard Ellis is the exclusive leasing agent for the project, expected to deliver in the fall of 2009.
VIRGINIA BEACH, VA. — Virginia Beach-based Winner’s Real Estate has acquired Bloom’s Brothers Furniture, located at 5070 Virginia Beach Blvd., from Chesterfield, Va.-based M.T.C. Holdings for $7.5 million. John T. Watkins of Thalhimer, a member of the Cushman & Wakefield Alliance’s Virginia Beach office was the sole broker.
STOCKBRIDGE, GA. — An undisclosed Ga.-based buyer has purchased two hotel properties in Stockbridge, the Sleep Inn and Magnolia Inn, from Atlanta-based Kasandas Properties for $6 million. Steve Kirby and Burton Brooks of the Mumford Company’s Atlanta office arranged the sale. The buyer intends to retain the Sleep Inn franchise and continue to operate the Magnolia Inn as an independent hotel.